please circle answers and label them by letter. also, this is for business statistics. what subject would this go under? thanks for all your help!
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Chapter 10-Assignment (Lab) 6 Saved Help Save & Watch Corporation of Switzerland claims that its watches on average will neither gain nor lose time during a week. A sample of 18 watches provided the following gains(+) or losses -in seconds per week Cick heus for the Exscel Data Eile 50 points -0.16-0.15-0.2 -0.17 +0.26-0.19 +0.30 +0.43-9.10 -0.31-0.48-0.44-0.51-0.67-0.05-9.24-0.51 +0.05 Skipped eBook a. State the null hypothesis and the alternate hypothesis. References Chapter 10-Assignment (Lab) Saved Help Save & Exi b. State the decision rule for 0.05 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) level of 0.05 significance, we reject HO: pu-O if t or t> 50 points Skipped c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal eBook places.) References Value of the test statistic d. Is it reasonable to conclude that the mean gain or loss in time for the watches is O? Use the 0.05 significance level Ho It reasonable to conclude that the mean gain or loss in time for the watches is 0 Chapter 10-Assignment (Lab) Saved Help 50 points e. Estimate the p-value Skipped The p-value is eBook References Chapter 10 - Assignment (Lab) Saved Help Save & B 2 The number of "destination weddings" has skyrocketed in recent years. For example, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised in Bride Magazine that the cost of a Caribbean wedding was less than $30,000. Listed below is a total cost in $000 for a sample of 8 Caribbean weddings. At the 0.10 significance level, is it reasonable to conclude the mean wedding cost is less than $30,000 as advertised? 50 points 29.1 28.5 28.8 29.429.8 29.8 30.1 30.6 eBook a. State the null hypothesis and the alternate hypothesis. Use a 0.10 level of significance. (Enter your answers in thousands of dollars.) References Chapter 10- Assignment (Lab) Saved Help Save & Exit Subm b. State the decision rule for 0.10 significance level. (Negative amount should be indicated by a minus sign. Round your answer to 3 2 decimal places.) t HO if t 50 points eBook References c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign.Round your answer to 3 decimal places.) Value of the test statistic d. What is the conclusion regarding the null hypothesis? HO. The cost is than $30,000 Chapter 10-Assignment (Lab) 6 Saved Help Save & Watch Corporation of Switzerland claims that its watches on average will neither gain nor lose time during a week. A sample of 18 watches provided the following gains(+) or losses -in seconds per week Cick heus for the Exscel Data Eile 50 points -0.16-0.15-0.2 -0.17 +0.26-0.19 +0.30 +0.43-9.10 -0.31-0.48-0.44-0.51-0.67-0.05-9.24-0.51 +0.05 Skipped eBook a. State the null hypothesis and the alternate hypothesis. References Chapter 10-Assignment (Lab) Saved Help Save & Exi b. State the decision rule for 0.05 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) level of 0.05 significance, we reject HO: pu-O if t or t> 50 points Skipped c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign. Round your answer to 3 decimal eBook places.) References Value of the test statistic d. Is it reasonable to conclude that the mean gain or loss in time for the watches is O? Use the 0.05 significance level Ho It reasonable to conclude that the mean gain or loss in time for the watches is 0 Chapter 10-Assignment (Lab) Saved Help 50 points e. Estimate the p-value Skipped The p-value is eBook References Chapter 10 - Assignment (Lab) Saved Help Save & B 2 The number of "destination weddings" has skyrocketed in recent years. For example, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised in Bride Magazine that the cost of a Caribbean wedding was less than $30,000. Listed below is a total cost in $000 for a sample of 8 Caribbean weddings. At the 0.10 significance level, is it reasonable to conclude the mean wedding cost is less than $30,000 as advertised? 50 points 29.1 28.5 28.8 29.429.8 29.8 30.1 30.6 eBook a. State the null hypothesis and the alternate hypothesis. Use a 0.10 level of significance. (Enter your answers in thousands of dollars.) References Chapter 10- Assignment (Lab) Saved Help Save & Exit Subm b. State the decision rule for 0.10 significance level. (Negative amount should be indicated by a minus sign. Round your answer to 3 2 decimal places.) t HO if t 50 points eBook References c. Compute the value of the test statistic. (Negative amount should be indicated by a minus sign.Round your answer to 3 decimal places.) Value of the test statistic d. What is the conclusion regarding the null hypothesis? HO. The cost is than $30,000
